IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

Credit bureaus in Asia

  • anonymous
Registered author(s):

    Rising personal income levels and increasingly competitive lending markets have led to rapidly growing consumer credit in Asian economies during the past decade. However, in many cases this expansion of credit outstripped financial institutions’ ability to manage the associated increase in credit risk. The rising number of credit card defaults and subsequent personal bankruptcies in economies including South Korea, Hong Kong, and Taiwan in the early- to mid-2000s demonstrated the need for Asian lending institutions to employ more robust credit risk management tools. Credit bureaus, which collect information about an individual’s credit history and existing financial obligations, have served as one such tool and helped reduce credit risk and the number of defaults and bankruptcies. This Asia Focus report examines the development of credit bureaus in Asia, focusing on their purpose and function, ownership structure, and the scope of information they provide. The report also explores the legal and regulatory environments in which the credit bureaus operate.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://www.frbsf.org/publications/banking/asiafocus/2011/october-credit-bureaus-in-asia.pdf
    Our checks indicate that this address may not be valid because: 404 Not Found (http://www.frbsf.org/publications/banking/asiafocus/2011/october-credit-bureaus-in-asia.pdf [301 Moved Permanently]--> http://www.frbsf.org/banking-supervision/publications/asia-focus/2011/october/credit-bureaus-asia/october-credit-bureaus-in-asia.pdf). If this is indeed the case, please notify (Diane Rosenberger)


    Download Restriction: no

    Article provided by Federal Reserve Bank of San Francisco in its journal Asia Focus.

    Volume (Year): (2011)
    Issue (Month): Oct ()
    Pages:

    as
    in new window

    Handle: RePEc:fip:fedfaf:y:2011:i:oct
    Contact details of provider: Postal: P.O. Box 7702, San Francisco, CA 94120-7702
    Phone: (415) 974-2000
    Fax: (415) 974-3333
    Web page: http://www.frbsf.org/
    Email:


    More information through EDIRC

    Order Information: Email:


    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:fip:fedfaf:y:2011:i:oct. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Diane Rosenberger)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.